Elizabeth Economy is a Senior Fellow and Director of Asia Studies at the US Council on Foreign Relations. She is the author of The River Runs Black, an examination of the environmental challenges to China's future.
Consultant on international affairs to the Confederation of Indigenous Nationalities of the Ecuadorian Amazon (CONFENIAE) and a program affiliate of the Program on Non-Violent Sanctions and Cultural Survival (PONSACS) at Harvard University.
Ottmar Edenhofer is Director and Chief Economist of the Potsdam Institute for Climate Impact Research, Director of the Mercator Research Institute on Global Commons and Climate Change, and Professor of the Economics of Climate Change at Technische Universität Berlin.
The worse economic fundamentals and forecasts become, the more mysterious stock-market outcomes in the US appear. At a time when genuine news suggests that equity prices should be tanking, not hitting record highs, explanations based on crowd psychology, the virality of ideas, and the dynamics of narrative epidemics can shed some light.